Dollar Archives - Aviation metric

NAHCO acquires multi-million dollar equipment

Posted on September 3, 2025September 3, 2025 by Wole Shadare

The Nigerian Aviation Handling Company Plc (NAHCO) has acquired a new batch of multimillion-dollar ground support equipment (GSE). The new equipment includes nine brand-new high loaders. This is a crucial step towards the company’s ambitious 2026 goal. The goal is a complete fleet upgrade. The company’s Chairman, Dr. Seinde Oladapo Fadeni, underscored the importance of the investment. He said it benefits not just the company. “The essence of this equipment is not just for the…

Forex scarcity:Ethiopian Airlines mandates dollar-only ticket purchases

Posted on July 17, 2024 by Wole Shadare

Due to the excruciating shortage of Foreign Exchange that has hit Ethiopia for more than one year, the country’s national carrier, Ethiopian Airlines has announced that airline tickets for passengers outside the country will now only be available for purchase in US dollars. Previously, air transport tickets for international travellers could be bought using Birr, Ethiopia’s currency if they come to Addis Ababa. The implication is that the situation could impact the carrier and once again…